Premier Gold Mines Ltd. (PG) Given “Hold” Rating at TD Securities
Premier Gold Mines Ltd. (TSE:PG)‘s stock had its “hold” rating reaffirmed by TD Securities in a report issued on Friday. They presently have a C$4.00 price objective on the stock. TD Securities’ price target would indicate a potential upside of 39.37% from the stock’s previous close.
Other equities analysts also recently issued research reports about the stock. Scotiabank reiterated an “outperform” rating and issued a C$6.00 price target on shares of Premier Gold Mines in a report on Thursday. RBC Capital Markets increased their price target on shares of Premier Gold Mines from C$5.25 to C$6.00 and gave the stock an “outperform” rating in a report on Thursday, August 4th. Royal Bank Of Canada increased their price target on shares of Premier Gold Mines from C$5.25 to C$6.00 and gave the stock an “outperform” rating in a report on Thursday, August 4th. Finally, CIBC increased their price target on shares of Premier Gold Mines from C$4.50 to C$5.50 in a report on Thursday, August 4th. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average price target of C$5.28.
Premier Gold Mines (TSE:PG) traded down 4.01% during midday trading on Friday, hitting $2.87. 1,799,123 shares of the stock traded hands. The stock’s 50-day moving average price is $3.81 and its 200-day moving average price is $3.86. The stock’s market capitalization is $526.21 million. Premier Gold Mines has a 52 week low of $2.12 and a 52 week high of $5.05.
Premier Gold Mines Company Profile
Premier Gold Mines Limited (Premier) is a Canada-based mineral exploration company focused on exploring for and developing gold deposits within North America. The principal projects in which Premier holds an interest are the Trans-Canada Property, which includes the Hardrock project and the Brookbank project; McCoy-Cove Project, Lander County, Nevada, and South Arturo Mine, Elko County, Nevada.
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